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Business Headlines

Curated news from Bloomberg Business

Business Headlines

published Nov 21, 2018, 6:16:22 PM, by Andreea Papuc (Bloomberg) — Stocks in Asia got some reprieve from the recent sell-off after a modest rebound in technology and energy shares underpinned gains in U.S. equities. The dollar slipped and Treasuries steadied as debate about the Federal Reserve softening its stance

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Business Headlines

published Nov 20, 2018, 7:00:00 PM, by Golnar Motevalli and Ladane Nasseri (Bloomberg) — Leila Koochaki’s health has become collateral damage as the U.S. extends its economic offensive against Iran. The 47-year-old had to contact 15 pharmacies across Tehran before she finally secured the anti-fatigue medication she takes to cope

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Business Headlines

published Nov 19, 2018, 4:11:37 AM, by Rieka Rahadiana and Tassia Sipahutar (Bloomberg) — You may have heard the U.S. Postal Service has problems. Well, try delivering the mail in Indonesia, a far-flung archipelago with so many islands the government literally doesn’t know how many there are. Post offices everywhere

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Business Headlines

published Nov 20, 2018, 5:58:12 PM, by Toluse Olorunnipa (Bloomberg) — President Donald Trump said he won’t let the murder of U.S-based columnist Jamal Khashoggi jeopardize relations with Saudi Arabia, citing the potential impact on oil prices and Iranian influence in the Middle East. In an unconventional statement on Tuesday

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Business Headlines

published Nov 19, 2018, 5:15:34 PM, by Michael Heath (Bloomberg) — Welcome to Tuesday, Asia. Here’s the latest news from Bloomberg Economics: The U.S. labor market doesn’t have much more room to tighten, according to a Federal Reserve Bank of San Francisco study, and New York Fed chief John Williams

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Business Headlines

published Nov 19, 2018, 5:37:42 PM, by Andreea Papuc (Bloomberg) — Stocks in Asia are poised to decline Tuesday after weakness in some of the biggest technology companies sent U.S. stocks tumbling, adding to pessimism about escalating trade tensions. The yen advanced while the dollar and Treasuries were little changed.

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Business Headlines

published Nov 19, 2018, 3:04:08 PM, by Vildana Hajric, Sarah Ponczek and Elena Popina (Bloomberg) — Weeks have become months in measuring stock market pain. What can heal it? It’s easier to list the things that have failed. Lines on charts didn’t work. A favorite boundary for bulls, the 200-day

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Business Headlines

published Nov 6, 2018, 11:01:00 PM, by Sheela Tobben and Robert Tuttle (Bloomberg) — China is finally getting a taste of Canadian crude, if only for a couple of months. At least five tankers hauling as much as a combined 3.76 million barrels of crude have departed Vancouver for China

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Business Headlines

published Oct 25, 2018, 4:36:32 PM, by Spencer Soper (Bloomberg) — Amazon.com Inc. issued a disappointing revenue and profit forecast for the busy holiday quarter, suggesting sales growth is slowing for the e-commerce giant while higher pay for warehouse workers could hurt the bottom line. Revenue will be $66.5 billion

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Business Headlines

published Nov 16, 2018, 10:24:14 AM, by Miles Weiss (Bloomberg) — PG&E Corp., the California utility beset by potential costs tied to state wildfires, attracted investments from some of the nation’s best-known hedge funds just before its share price swooned. Baupost Group, the Boston-based hedge fund run by Seth Klarman,

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